Top Gainers & Losers: Indian equity benchmark indices Sensex and Nifty ended flat on Friday in a muted trade amid largely weak global markets and ahead of the quarterly earnings from the country's most valued firm Reliance Industries.

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In a volatile trade,  BSE Sensex edged up 22.71 points or 0.04 per cent to settle at 59,655.06 and the broader NSE Nifty ended at 17,624.05, showing a marginal dip of 0.40 points.

Among the Nifty50 firms, ITC, Tata Consultancy Services (TCS), Britannia Wipro, and Cipla were the winners.

HCL Technologies climbed 1 per cent after the company on Thursday posted a 10.85 per cent increase in consolidated net profit to Rs 3,983 crore for the fourth quarter of 2022-23.

HDFC Life Insurance, Tech Mahindra, Maruti, Adani Enterprises, SBI Life Insurance and Tata Steel were among the laggards.

Here's a look at some of the blue-chip stocks that moved the most on Friday:

ITC

ITC stock was the top gainer on Nifty50, it rose nearly 2 per cent to Rs 408 per share on the NSE.

Brokerage firm Sharekhan has reiterates a ‘buy’ call on ITC with a target price of Rs 450 per share which is an upside of 10.3 per cent. 

Consistent good growth in the cigarette business, strong tailwinds in the hotel business, and scale-up in the non-cigarette FMCG business make its earning visibility better compared with peers, the domestic brokerage said in its report on the FMCG major.

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